Office space demand slowed down in the first quarter of 2025 in CEE, a trend also visible in Bucharest, where companies leased 51,300 square meters in the first three months, down 44% from the year-earlier period, in line with data provided by real estate consultancy Cushman & Wakefield Echinox.
Pharma producer Biofarm in the first quarter of 2025 registered sales revenues of RON95 million, up 33%, and RON32 million net profit, 57% above the Q1/2024 level.